About

About This MFIL

U Htet Nyi founded Myanmar Finance Co Ltd. (“MFCL”) in 2012.
Myanmar Finance International Co. Ltd. (“MFIL”) was founded by MFCL and Myanmar Investments (“MIL”) in

2014. MFCL subsequently transferred its operations into MFIL.
In November 2015 Norfund became a shareholder in MFIL
MFIL currently has -

Myanmar‐focused investment company founded in 2013 and listed on the London Stock Exchange with offices in Yangon and Singapore
A pro‐active, operating, investment holding company working with Myanmar‐focused companies to develop competitive and sustainable businesses, with an ability to take a long‐term view of its investments
Active value‐add through advice on capital structure, industry‐specific strategic development, and access to technical partners
Adheres to best governance and transparency standards to capitalize on the opportunities arising from the opening and reform of Myanmar’s economy
Strong team of experienced local and foreign investment professionals based on‐the‐ground in Yangon, with extensive network within the local and regional business community, and deep knowledge of the Myanmar economy
Since listing, MIL has raised total capital of nearly USD 30 million
Other investment includes Apollo Towers, one of the leading mobile tower companies in Myanmar – MIL led a syndicated USD 30 million equity investment, investing USD 20 million off its own balance sheet

Established by the Norwegian Parliament in 1997 Norwegian government’s main instrument for combatting poverty through private sector development in developing countries
Mandate: contribute to developing sustainable business and industry in developing countries through investments in viable, profitable enterprises that would not otherwise be established because of the high risk involved
Norfund gives priority to projects with a strong development effect and enhances these effects through active ownership and support
Invests on commercial terms, always with partner(s) and normally with a 20‐30% stake
Geographical focus on 4 regions with emphasis on Africa and LDCs
Sector focus on clean energy, financial institutions, agribusiness and SMEs # With an extensive portfolio of microfinance projects in Asia, including BRAC (Bangladesh), Hattha Kaksekar (Cambodia), Sathapana (Cambodia), First Finance (Cambodia), Amret (Cambodia), Proximity Designs (Myanmar) and Acleda Laos (Lao PDR)
As of end‐2014, portfolio of about USD 1.7 billion and 61 employees